Oil and Gas Regulatory Authority (Ogra) has approved a price hike for gascompanies after the price of oil and electricity went up, 24NewsHD TVchannel reported Friday.
Ogra link approveslink a 45% increase for the people ofPunjab and KP and 44%, for Sindh and Balochistan. The authority sent therecommendations to the federal government for the final decision.
Ogra link issued the decision after hearingthe petitions of gas link companies and gavethe approval to increase the price of gas linkSui Northern by Rs266.58 per MMBTU.
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To okayed increase in the price of gas linkSui Southern by Rs308.53 per MMBTU. The coalition government yesterdayincreased oil and electricity prices, inviting public ire and criticism byopposition parties.
